[nsellarMember@nsellarJoin Date: 2006Post Count: 12]

August 30, 2007 - 12:36 pm

Thanks to all for advice, i think i will sit tight for a while with what i have, The property's i have are in area's where i am confident they will see big capital growth.
I originally brought my Perth property in 2005 this has gone up in value big time which has allowed me to borrow against it and buy property in south oz, but now looks like the second bite of the cherry was a bit big, but am sure i will come out of this well in front of average inflation………..
So thanks to all for your wise advise, but for now i will sit tight keep reading forums,books and stay motivated….

Thanks
Again

Nath

[nsellarMember@nsellarJoin Date: 2006Post Count: 12]

November 2, 2006 - 10:46 pm

OK thanks guys
so what can be claimed as a depriciable item and what cant?

[nsellarMember@nsellarJoin Date: 2006Post Count: 12]

October 23, 2006 - 12:57 am

Thanks Kim
They sound like just what i am looking for hopefully they can help me out,currently i have 1 property on the coast south of perth and as everyone knows the growth in the west has been excellent, i want to restructure my loans so i can use the equity in this property to buy cash flow positive property’s, hopefully this shouldnt be too hard

[nsellarMember@nsellarJoin Date: 2006Post Count: 12]

October 20, 2006 - 2:04 am

thanks for the reply,
I will go along to the information night and see what they are all about

thanks

[nsellarMember@nsellarJoin Date: 2006Post Count: 12]

March 16, 2006 - 10:29 am

thanks todd,
the one property i have is brand new and was only completed in december 05, tennants moved in around the start of feb, so no i havnt had a depreciation scedule done on my IP, not sure what one is anyway.and also when people talk about positive cash flow properties are they talking about all costs involved eg, maintenance,rates + taxes or is it meant that it covers the principle and interest with a small amount left over, because i would imagine if i got to a stage of owning several IP the other costs as mentioned would be quite alot making it extremely hard to cover financially.The only propertys i seem to be able to find as rentals for investments only just cover the interest on the loan havnt found any that cover principle and interest as yet.